Home > TEXT-S&P rates German and French auto lease ABS deal EMOT 2012-1

TEXT-S&P rates German and French auto lease ABS deal EMOT 2012-1

Newswire

EMOT's notes are backed by a revolving portfolio of French and
German dealer floor plan loan receivables, originated by GMAC
Banque S.A. (the French originator) and GMAC Bank GmbH (the German
originator). The loans are granted by the originators to the French
and German captive auto dealers of the General Motors (GM) Group
under wholesale financing agreements, to bridge-finance the
dealers' vehicle inventories they are sold.
The transaction is revolving and the term notes only begin ...

Premium Content (PAID Subscription Required)

"TEXT-S&P rates German and French auto lease ABS deal EMOT 2012-1" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to: